Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  Nasdaq  >  GoPro Inc    GPRO

GOPRO INC (GPRO)
Mes dernières consult.
Most popular
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector newsTweets

GoPro: Higher Guidance

share with twitter share with LinkedIn share with facebook
share via e-mail
0
09/12/2017 | 01:49pm CET
GoPro (NASDAQ: GPRO) roared ahead over 10% last week after the company issued a surprisingly bullish outlook. The stock is still well-below the yearly high of $17.68. Fundamentally, it still loses money but GoPro could be a turnaround play for investors.
 
GoPro issued a third-quarter forecast, saying it expects revenue as high as $310 million. This is $6 million above the average consensus estimate. Gross margin will also be in the high end of the range. If investors hold the stock instead of taking profits, then GoPro could still offer more upside.
 
Fundamentals are unfavorable: GoPro does not have good sales for the Fusion camera. Retailers are giving the brand less store space. That could pose a challenge for GoPro in meeting its new forecast.
 
Short-selling is crowded for the stock at a short float of 34%. At least JPMorgan (NYSE: JPM) is on GoPro’s side. The analyst, Paul Coster, thinks the company could lose just $0.02 a share in FY2017, $0.57 a share in FY2018, and an optimistic $0.94 a share in FY2019.
 
Takeaway
 
Bearish volume is unusually high for GoPro. Any small earnings and revenue beat will squeeze shorts. GoPro does not have a high bar to cross.

Copyright © 2017 Baystreet.ca Media Corp. All rights reserved., source Standard Equities Feed

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on GOPRO INC
05:48p GOPRO : Holiday Gift Guide 2017 GoPro Holiday Gift Guide 2017
05:43p GOPRO : Getting the Shot with USA TODAY Network and GoPro Fusion Getting the Sho..
04:30a GOPRO : continues to record video while being consumed by lava
11/16 GOPRO : Discovering the Mentawais with Martin Daly in 4K Discovering the Mentawa..
11/15 GOPRO : The 10 best GoPro accessories in 2017
11/14 GOPRO : Hawaiian lava engulfs abandoned GoPro camera, which keeps filming -- and..
11/14 GOPRO FUSION : Wang Leehom and the Silent Dancer GoPro Fusion: Wang Leehom and t..
11/14 GOPRO : Fusion 360-Degree Camera Now Shipping
11/11 GOPRO : camera and Mounts
11/09 GOPRO : #MammothsOpen for 2017-18 Season #MammothsOpen for 2017-18 Season
More news
News from SeekingAlpha
11/16 Charles River Laboratories Is A Good Company - Cramer's Lightning Round (11/1..
11/08 DAILY INSIDER RATINGS ROUND UP 11/7/ : Gpro, xncr, rdus, chd, cake, nly, feim, p..
11/08 GoPro drops after leaked CEO communication regarding recent share sale
11/08 GOPRO : Not Perfect, But Better
11/07 10 Rules For Catching A Falling Knife (Video)
Financials ($)
Sales 2017 1 323 M
EBIT 2017 23,6 M
Net income 2017 -73,6 M
Finance 2017 134 M
Yield 2017 -
P/E ratio 2017 -
P/E ratio 2018 297,48
EV / Sales 2017 0,81x
EV / Sales 2018 0,72x
Capitalization 1 207 M
Chart GOPRO INC
Duration : Period :
GoPro Inc Technical Analysis Chart | GPRO | US38268T1034 | 4-Traders
Technical analysis trends GOPRO INC
Short TermMid-TermLong Term
TrendsBearishNeutralNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 13
Average target price 10,6 $
Spread / Average Target 28%
EPS Revisions
Managers
NameTitle
Nicholas Woodman Chairman & Chief Executive Officer
Charles Prober Chief Operating Officer
Brian McGee Chief Financial Officer
Edward Arthur Gilhuly Independent Director
Michael E. Marks Independent Director
Sector and Competitors
1st jan.Capitalization (M$)
GOPRO INC-5.05%1 207
LARGAN PRECISION CO., LTD.--.--%25 001
Q TECHNOLOGY GROUP CO LTD320.50%2 358
VITEC GROUP PLC64.23%632
COWELL E HOLDINGS INC77.20%364
OPTRONTEC INC--.--%148